Central Mortgage Company Customer FAQ

Central Mortgage Company offers a variety of mortgage options to suit the diverse needs of our customers. We understand that everyone's With our fixed-rate mortgages, customers can lock in a stable interest rate for the entire loan term. Alternatively, our adjustable-rate mortgages offer a lower initial interest rate that can change over time based on market conditions. Jumbo loans are available for customers requiring higher loan amounts, while FHA loans provide a flexible solution for first-time homebuyers with a low down payment requirement. Lastly, our VA loans are designed to assist eligible veterans and active-duty military personnel achieve homeownership with exclusive benefits. At Central Mortgage Company, we aim to provide a range of mortgage options to help our customers find the right fit for their unique circumstances....

The minimum credit score required to qualify for a mortgage with Central Mortgage Company varies depending on the type of loan and...

To complete your mortgage application with Central Mortgage Company, you will need to provide several key documents. These include: 1. Proof of identification: A valid government-issued ID such as a driver's license or passport. 2. Income verification: Recent pay stubs or income statements for the past two years, including W-2 forms or tax returns for self-employed individuals. 3. Employment verification: Contact information for your current employer, including a letter verifying your position and income. 4. Asset documentation: Bank statements for the past three to six months to provide proof of your savings and investments. 5. Property information: Details about the property you intend to purchase, including the address, purchase agreement, and property appraisal. 6. Debts and obligations: Documentation of any outstanding loans or debts, such as credit card statements or student loan information. Providing these documents promptly will help streamline your mortgage application process with Central Mortgage Company....

Yes, Central Mortgage Company offers refinancing options for existing mortgages. Whether you want to lower your interest rate, shorten...

At Central Mortgage Company, we understand the importance of knowing the current interest rates for mortgages. As a dynamic and competitive...

At Central Mortgage Company, we strive to make the mortgage process as transparent as possible. We understand that fees can be a concern...

The mortgage approval process duration can vary depending on several factors. Typically, it takes around 30 to 45 days to complete....

Yes, you can absolutely make extra payments towards your mortgage with Central Mortgage Company in order to pay it off faster. We understand...

If you miss a mortgage payment, Central Mortgage Company will first send you a reminder notice to help you rectify the situation. However,...

Yes, it is possible to transfer your mortgage to another property. At Central Mortgage Company, we offer an option called mortgage...